OECD SME and Entrepreneurship Outlook 2023

Over the past few years, the global economy has suffered profound shocks that have had a marked impact on small and medium-sized enterprises (SMEs) and entrepreneurs. While government support protected SMEs from the economic impact of the COVID-19 pandemic, new threats have emerged. Rising geopolitical tensions and global financial risks, high inflation, tightening monetary and fiscal policies, labour shortages, high trade barriers and slowing integration into global value chains all contribute to a more challenging business environment for SMEs. Meanwhile, there is an urgent need to accelerate the contribution of SMEs and entrepreneurship to the green and digital transitions and help them navigate a changing international trade and investment landscape. Against this background, the OECD SME and Entrepreneurship Outlook 2023 provides new evidence on recent trends in SME performance, changing business conditions, and policy implications. It reflects on the broad underlying theme of SME integration into a series of networks, including global production and supply-chain networks and the role of women led-businesses in international trade, knowledge and innovation networks, and skill ecosystems, as well as the main policies in place to ensure SMEs can integrate these networks and benefit from the ongoing transformations they go through. The report also contains statistical country profiles that benchmark the 38 OECD across a set of indicators.

Published on June 27, 2023 Latest available edition in: French

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Acronyms and abbreviations
Executive summary
Recent SME developments and forthcoming challenges
Sources and definitions
Thematic chapters5 chapters available
The role of networks for SME innovation, resilience and sustainability
Women-led firms in international trade
SMEs in more resilient, sustainable and circular supply chains
Knowledge and innovation networks for SMEs and start-ups
Upskilling, reskilling and finding talent: The role of SME ecosystems
Country profiles2 chapters available
Reader’s guide
Country Profiles
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